capital southwest (nasdaq: cswc), is an internally-managed, credit-focused bdc that is an active lender to middle market companies across the capital structure. cswc provides flexible capital that fills financing needs that traditional first lien senior lenders are unwilling to meet. in particular, cswc is well-positioned to finance lower middle market businesses with $3 to $12 million of ebitda. the company is managed by an investment team with decades of experience working with one another. the firm and all of its employees are located in dallas, texas. investment criteria: - $5 to $50 million financings with active network of co-investors - $5 to $20 million commitment size per deal - minimum ebitda of $3 million - a management team with a proven track record, motivated by continued ownership; - an established market position and history of positive cash flow - us-based investment structures: - unitranche debt (network of first out senior lending relationships) - first lien debt - s

Company profile
Ticker
CSWC, CSWCZ
Exchange
Website
CEO
Bowen Diehl
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Corporate docs
Subsidiaries
I-45 SLF LLC • Capital Southwest Equity Investments, Inc. • Capital Southwest SBIC I, LP • Capital Southwest SBIC I GP, LLC ...
IRS number
751072796
CSWC stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
25 Sep 23
DEFA14A
Additional proxy soliciting materials
1 Sep 23
DEFA14A
Additional proxy soliciting materials
1 Sep 23
DEF 14A
Definitive proxy
29 Aug 23
DEFA14A
Additional proxy soliciting materials
16 Aug 23
PRE 14A
Preliminary proxy
16 Aug 23
10-Q
2024 Q1
Quarterly report
8 Aug 23
8-K
Results of Operations and Financial Condition
7 Aug 23
8-K
Entry into a Material Definitive Agreement
2 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
26 Jul 23
Transcripts
CSWC
Earnings call transcript
2024 Q1
8 Aug 23
CSWC
Earnings call transcript
2023 Q4
23 May 23
CSWC
Earnings call transcript
2023 Q3
31 Jan 23
CSWC
Earnings call transcript
2023 Q2
1 Nov 22
CSWC
Earnings call transcript
2023 Q1
2 Aug 22
CSWC
Earnings call transcript
2022 Q4
24 May 22
CSWC
Earnings call transcript
2022 Q3
1 Feb 22
CSWC
Earnings call transcript
2022 Q2
2 Nov 21
CSWC
Earnings call transcript
2022 Q1
3 Aug 21
CSWC
Earnings call transcript
2021 Q4
26 May 21
Latest ownership filings
4
JACK D FURST
14 Aug 23
4
Ramona Lynn Rogers-Windsor
14 Aug 23
4
David R Brooks
11 Aug 23
4
William R Thomas III
11 Aug 23
4
CHRISTINE BATTIST
11 Aug 23
4
BOWEN S DIEHL
13 Jun 23
4
Michael Scott Sarner
13 Jun 23
4
Joshua S. Weinstein
13 Jun 23
4
Ramona Lynn Rogers-Windsor
6 Feb 23
4
BOWEN S DIEHL
16 Nov 22
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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Diluted EPS |
Annual (USD) | Mar 23 | Mar 22 | Mar 21 | Mar 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 21.28 mm | 21.28 mm | 21.28 mm | 21.28 mm | 21.28 mm | 21.28 mm |
Cash burn (monthly) | 102.33 k | (no burn) | (no burn) | (no burn) | 18.54 mm | 4.63 mm |
Cash used (since last report) | 320.74 k | n/a | n/a | n/a | 58.11 mm | 14.51 mm |
Cash remaining | 20.96 mm | n/a | n/a | n/a | -36.84 mm | 6.76 mm |
Runway (months of cash) | 204.8 | n/a | n/a | n/a | -2.0 | 1.5 |
Institutional ownership, Q2 2023
31.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 202 |
Opened positions | 24 |
Closed positions | 13 |
Increased positions | 83 |
Reduced positions | 49 |
13F shares | Current |
---|---|
Total value | 2.07 tn |
Total shares | 12.51 mm |
Total puts | 0.00 |
Total calls | 4.60 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
T. Rowe Price Investment Management | 1.26 mm | $210.81 bn |
Neuberger Berman | 1.11 mm | $184.85 bn |
Allspring Global Investments | 1.11 mm | $184.81 bn |
BLK Blackrock | 1.04 mm | $173.01 bn |
Vanguard | 838.55 k | $139.36 bn |
Champlain Investment Partners | 650.22 k | $108.06 bn |
MS Morgan Stanley | 648.56 k | $107.78 bn |
First Manhattan | 503.91 k | $83.75 bn |
Dimensional Fund Advisors | 414.49 k | $68.88 bn |
Capital International Investors | 350.67 k | $58.28 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Aug 23 | Christine Battist | Common Stock | Grant | Acquire A | Yes | No | 0 | 2,240 | 0.00 | 5,171 |
10 Aug 23 | Thomas William R III | Common Stock | Grant | Acquire A | No | No | 0 | 2,240 | 0.00 | 12,878 |
10 Aug 23 | Brooks David R | Common Stock | Grant | Acquire A | No | No | 0 | 2,240 | 0.00 | 36,661 |
10 Aug 23 | Furst Jack D | Common Stock | Grant | Acquire A | No | No | 0 | 2,240 | 0.00 | 43,665 |
10 Aug 23 | Ramona Lynn Rogers-Windsor | Common Stock | Grant | Acquire A | No | No | 0 | 2,240 | 0.00 | 10,462.131 |
News
JMP Securities Reiterates Market Outperform on Capital Southwest, Maintains $22 Price Target
18 Aug 23
Raymond James Maintains Outperform on Capital Southwest, Raises Price Target to $24
9 Aug 23
Capital Southwest Q1 EPS $0.65 Beats $0.63 Estimate, Sales $40.36M Beat $38.90M Estimate
7 Aug 23
Earnings Scheduled For August 7, 2023
7 Aug 23
Preview: Capital Southwest's Earnings
4 Aug 23
Press releases
Capital Southwest Announces Special Meeting of Shareholders
16 Aug 23
Capital Southwest Announces Financial Results for First Fiscal Quarter Ended June 30, 2023 and Announces Increase in Total Dividends to $0.62 per share for the Quarter Ended September 30, 2023
7 Aug 23
Capital Southwest Increases Credit Facility to $435 Million and Extends Maturity to August 2028
2 Aug 23